Historic Eritrean nakfa Vietnamese dong

Eritrean nakfa vietnamese dong history for February 2024. The highest quote for this month is 1639.02 (26/02/2024) and the lowest 1636.54 (26/02/2024). The difference between high and low is 0.15.

ERN VND average rate for February 2024 is 1625.20519, the change between 01/02/2024 and 29/02/2024 is -0.97 %.

01 February 20241 ERN = 1620.11 VND
02 February 20241 ERN = 1621.26 VND
03 February 20241 ERN = 1616.94 VND
04 February 20241 ERN = 1616.94 VND
05 February 20241 ERN = 1614.80 VND
06 February 20241 ERN = 1619.27 VND
07 February 20241 ERN = 1616.12 VND
08 February 20241 ERN = 1621.26 VND
09 February 20241 ERN = 1619.11 VND
12 February 20241 ERN = 1621.26 VND
13 February 20241 ERN = 1619.11 VND
14 February 20241 ERN = 1619.11 VND
15 February 20241 ERN = 1621.26 VND
16 February 20241 ERN = 1622.43 VND
17 February 20241 ERN = 1626.41 VND
18 February 20241 ERN = 1626.41 VND
19 February 20241 ERN = 1626.41 VND
20 February 20241 ERN = 1629.90 VND
21 February 20241 ERN = 1627.41 VND
22 February 20241 ERN = 1629.57 VND
23 February 20241 ERN = 1631.72 VND
24 February 20241 ERN = 1634.37 VND
25 February 20241 ERN = 1634.37 VND
26 February 20241 ERN = 1636.54 VND
27 February 20241 ERN = 1636.36 VND
28 February 20241 ERN = 1636.21 VND
29 February 20241 ERN = 1635.88 VND

08/04/2020: COVID-19 impact on currency circulation

Due to the COVID-19 pandemic, circulation of nakfa banknotes decreased as people relied more on digital transactions.

25/02/2019: Introduction of new nakfa banknotes

Eritrea introduced new banknotes in denominations of 5, 10, 20, 50, and 100 nakfa.

30/10/2018: Currency devaluation

Eritrea devalued the nakfa by 14%, reducing its official exchange rate to 1 USD = 15 ERN.

22/01/2015: Dollarization policy imposed

Eritrea imposed a dollarization policy, making the US dollar the predominant currency for most transactions.

14/11/2005: Currency redenomination

The Eritrean nakfa underwent a redenomination where old nakfa notes were replaced with new nakfa notes in a ratio of 1:1,000.

08/11/1997: Introduction of the Eritrean nakfa

The Eritrean nakfa was introduced as the official currency of Eritrea, replacing the Ethiopian birr.

08/11/1997: Currency exchange rate fixed

The Eritrean nakfa was fixed at an exchange rate of 1 USD = 10 ERN.